After reading this article you will learn about:- 1. Definition and Concept of Budget 2. Definition and Concept of Budgetary Control 3. The Objectives (Functions) of Budgets, Budgeting and Budgetary Control 4. Advantages of Budget, Budgeting and Budgetary Control 5. Preparation of Budget 6. Limitations of Budget 7. Budget as a Means of Planning, Control and Coordination 8. Operation (Working) [...]
The characteristic features of co-operative form of organisation are as follows: 1. Voluntary Association 2. Democratic Set-Up 3. Service Motive 4. No Exploitation 5. Concept of Equality 6. Each for Every One 7. Spirit of Self-Help 8. Wider-Interests of Community Looked after 9. No Place for Middlemen 10. Disposal of Surplus. Feature # 1. Voluntary Association: It is a voluntary [...]
After reading this article you will learn about:- 1. Introduction to Promotion of a Product 2. Promotion as Communication 3. Growth of Promotion and Advertising. Introduction to Promotion of a Product: When a company develops a new product, changes an old one or simply wants to increase sales of an existing product or service, it must transmit its selling messages [...]